Shares of Salzgitter AG (ETR:SZG – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €33.73 and traded as high as €53.75. Salzgitter shares last traded at €53.45, with a volume of 130,760 shares traded.
Salzgitter Price Performance
The company’s 50-day moving average price is €46.16 and its two-hundred day moving average price is €33.95. The company has a market capitalization of $2.99 billion, a P/E ratio of -15.55, a price-to-earnings-growth ratio of -0.09 and a beta of 2.01.
Salzgitter Company Profile
Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes.
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